The following acts by a risk retention group are prohibited:
- The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and
- The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.
History. Code 1981, § 33-40-9 , enacted by Ga. L. 1987, p. 875, § 1.